Royal Bank of Scotland to axe 600 jobs and close 32 branches

Around 600 jobs are being axed and 32 branches closed at Royal Bank of Scotland in the latest jobs cull at the state-backed lender.

The job losses will impact its retail banking division, with around 200 roles going across London and the South East and almost 400 being cut in the Midlands, East and the North, according to trade union Unite.

Unite said the job cuts come as 32 RBS branches are being shut, with many more seeing their opening hours reduced.